Hendley & Co. Inc. decreased its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,424 shares of the apparel and home fashions retailer’s stock after selling 730 shares during the period. TJX Companies, Inc. (The) accounts for approximately 3.2% of Hendley & Co. Inc.’s portfolio, making the stock its 10th biggest holding. Hendley & Co. Inc.’s holdings in TJX Companies, Inc. (The) were worth $5,930,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of TJX Companies, Inc. (The) by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 47,816,796 shares of the apparel and home fashions retailer’s stock valued at $3,450,938,000 after purchasing an additional 708,532 shares during the last quarter. BlackRock Inc. grew its stake in shares of TJX Companies, Inc. (The) by 4.8% in the 2nd quarter. BlackRock Inc. now owns 43,767,923 shares of the apparel and home fashions retailer’s stock valued at $3,158,729,000 after purchasing an additional 1,996,874 shares during the last quarter. State Street Corp grew its stake in shares of TJX Companies, Inc. (The) by 6.6% in the 1st quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock valued at $2,277,402,000 after purchasing an additional 1,773,046 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of TJX Companies, Inc. (The) by 19.2% in the 1st quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock valued at $1,637,238,000 after purchasing an additional 3,339,536 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of TJX Companies, Inc. (The) by 0.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,467,659 shares of the apparel and home fashions retailer’s stock valued at $610,888,000 after purchasing an additional 51,364 shares during the last quarter. Institutional investors own 89.32% of the company’s stock.

TJX has been the topic of several analyst reports. BidaskClub upgraded TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Zacks Investment Research downgraded TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. BMO Capital Markets set a $85.00 price target on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, July 17th. Credit Suisse Group set a $72.00 price target on TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Finally, Royal Bank Of Canada decreased their price target on TJX Companies, Inc. (The) from $79.00 to $76.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 16th. Four investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $83.25.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction on Friday, September 1st. The shares were sold at an average price of $72.52, for a total value of $1,450,400.00. Following the completion of the sale, the chief executive officer now directly owns 480,821 shares of the company’s stock, valued at $34,869,138.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.23% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Hendley & Co. Inc. Cuts Holdings in TJX Companies, Inc. (The) (TJX)” was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://theolympiareport.com/2017/11/01/hendley-co-inc-cuts-holdings-in-tjx-companies-inc-the-tjx.html.

Shares of TJX Companies, Inc. (NYSE TJX) opened at 69.80 on Wednesday. The firm’s 50-day moving average price is $72.55 and its 200 day moving average price is $72.89. The firm has a market capitalization of $44.41 billion, a price-to-earnings ratio of 19.76 and a beta of 0.78. TJX Companies, Inc. has a 52 week low of $66.65 and a 52 week high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The business had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter last year, the firm earned $0.84 earnings per share. TJX Companies, Inc. (The)’s quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts anticipate that TJX Companies, Inc. will post $3.93 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be paid a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is presently 35.41%.

TJX Companies, Inc. (The) Profile

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

Receive News & Ratings for TJX Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.